DSG Global Inc (DSGT)

[Keech63]

DSGT Yes indeeed, $treet Trader:

Per: https://globenewswire.com/news-release/2018/12/11/1665455/0/en/VANTAGE-TAG-SYSTEMS-a-DSG-Global-Subsidiary-Completes-Sales-and-Installations.html

Company completes new installations around the world totaling over $1m

Surrey, British Columbia, Dec. 11, 2018 (GLOBE NEWSWIRE) -- VANTAGE TAG SYSTEMS INC. (a division of DSG Global Inc.) (DSGT), the world's leading provider of the patented GPS Golf TAG Management System and on-course media system, announces nine new installations with the INFINITY XL and TAG TEXT being completed, since the time INFINITY XL was introduced. The installations include 859 units, primarily the Infinity XL and TAG TEXT, totaling approximately $671,000 in upfront fees and $383,000 in recurring revenue over the term of contract. VANTAGE SYSTEMS is nearing completion of the new INFINITY PRO and in design with the INFINITY MINI that will also be mounted on the RAPTOR.

These installations included international golf courses in Guam, Singapore, Australia, New Zealand, British Columbia, Indiana, Missouri, Illinois, California and Wisconsin. The installed courses included Ivanhoe, Pine Hills, Leo Palace, and Burnaby Mountain among others.

“The company continues to be recognized as one of the undisputed leaders in our industry. We perpetually receive orders at a rapid rate and have completed installations at twenty seven different golf courses since Q2. VANTAGE GOLF has closed nearly $1.2 million in sales since the launch of our Infinity brand products earlier this year. We also have numerous commitments going into the new year that are in the final stages of closing with intensions of installations during the first half of 2019,” said Patrick Parenti, Senior V.P. Sales.